4 yrs from now, if not earlier (if doing chloride production)....

4 yrs from now, if not earlier (if doing chloride production).

Why do you ask though? Do you think GLN only deserves a decent multiplier of future EBITDA only when the plant is switched on? Do you think that the GLN EV should stay at $0.4b until 4 years from now when the plant is turned on, and then on that day the GLN EV shoots up to $6.0B instantly? Because if so, then clearly you have a few things to learn about investing.

As GLN comes closer and closer to production (and as risks are reduced), it's EV should incrementally increase towards a reasonable ebitda multiplier of those future cash flows. This is because investors come closer and closer to that future cash flow, and would be willing to pay a certain multiplier of that cash flow. Be it 15x, 10x, 5x, it doesn't matter as that would all mean a much higher share price then current.

Are we still going to see you around here Keepsmiling when this stock shoots past $2.00? Because I really hope so. Or will you disappear until the next price dip?